Thompson Wright Chartered Accountants

Welcome to the Thompson Wright podcast. In this episode, we are joined by Sarah Bowen, our Tax Director, as we focus on protecting assets from inheritance tax (IHT). In the UK, individuals and families who wish to pass on their estate need to tread carefully in order to ensure they are not hit with a hefty IHT bill. IHT is levied at a rate of 40 per cent of the total value on all estates valued at £325,000 or more. This £325,000 threshold is known as the ‘nil-rate band’ and, despite ever-rising wealth across the country, has remained frozen at this amount for several years. Ensure that you receive all of our latest updates by subscribing to our podcast channel.

Welcome to the Thompson Wright podcast. To help you understand issues such as Stamp Duty Land Tax and what that may mean for you, we are discussing investing in property in our latest podcast. Britain’s property market has traditionally always been considered a stable and sensible place to invest your money, whether you are looking to purchase a home to sell in the near future, or if you are an aspiring landlord. But there are a number of considerations to make to ensure that you get the most out of property investment, depending on your intentions and your situation.

Welcome to the Thompson Wright podcast. In this episode, we will be focusing on Research and Development (R&D) tax credits. The number of businesses claiming R&D tax credits has increased significantly in recent years, with almost 40,000 claims made last year. Businesses, from SMEs to large multinational companies, have benefitted from £3.5 billion in tax relief, helping to contribute to almost £25 billion in Research and Development expenditure in the UK. Ensure that you receive all of our latest updates by subscribing to our podcast channel.